Bitcoin Slumps With All-Time-Low Since BTC SEC Approval

On Thursday, the price of Bitcoin (BTC) experienced a 4.5% decrease, reaching its lowest point in a month at $40,800. This downturn was closely mirrored by the CoinDesk 20 Index, which monitors the worlds most significant and liquid cryptocurrencies, registering a 4.6% decline over the past 24 hours. Spot Bitcoin ETFs Impact on Bitcoin Price and Holdings Since the introduction of the newly approved spot Bitcoin ETFs on January 11, the price of Bitcoin, after a brief spike, has decreased by approximately 13%. Recent data, updated yesterday, reveals that the newly established spot ETFs...


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